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Local

Foreign Exchange: Market Records $584m Increase

Feb 7, 2024 0
The official Nigeria Autonomous Foreign Exchange Market witnessed a substantial boost, reaching $584 million in…
Local

Nigerians’ Foreign Expenditure Hits $98 Billion in a Decade

Feb 7, 2024 0
According to recent data released by the Central Bank of Nigeria (CBN), Nigerians have spent over $98 billion on…
Local

Customs Intercepts N854m Worth of Vehicles in January

Feb 7, 2024 0
The Nigeria Customs Service, Federal Operations Unit, Zone A, Ikeja, revealed that it intercepted 11 imported…
Local

CITN, Afolake Oso as Acting Registrar/Chief Executive

Feb 7, 2024 0
The Chartered Institute of Taxation of Nigeria (CITN) has named Mrs. Afolake Oso as the acting registrar/chief…
Local

Nigerian Exchange Records N849 Billion Loss

Feb 7, 2024 0
On Tuesday, the Nigerian Exchange witnessed losses spurred by declines in BUA Cement, Sterling Financial Holding…
Local

Cadbury Nigeria Records N8.397 bn Operating Profit- Reports

Feb 7, 2024 0
Cadbury Nigeria Plc has disclosed a remarkable operating profit of N8.397 billion for the full year ending…
Local

Nigeria’s Inflation to Decline by 21.4% by 2024- CBN

Feb 7, 2024 0
Mr. Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), projected a drop in Nigeria's inflationary…
World

Meta to Detect AI Tech Across Facebook and Instagram

Feb 7, 2024 0
Meta, the parent company of Facebook, announces its intention to roll out technology capable of detecting and…
Local

WeWork’s CEO Interested in Buying Back Bankrupt Company

Feb 7, 2024 0
Adam Neumann, the former CEO of WeWork, has expressed his desire to repurchase the bankrupt shared office company,…
World

Trump to Impose Higher Tariffs on Chinese Goods if Re-elected

Feb 6, 2024 0
Former US president Donald Trump has declared his intention to levy additional tariffs on Chinese goods exceeding…
World

Yandex: “Russia’s Google” Withdraws from Home

Feb 6, 2024 0
The owner of Yandex, dubbed "Russia's Google", has announced its withdrawal from its home country, selling its…
World

Businesses Deem Bank of Ghana’s Monetary Policy Insufficient

Feb 6, 2024 0
Businesses have expressed dissatisfaction with the Bank of Ghana's (BoG) 100 basis point reduction in the monetary…
World

UBA Appoints new CEOs in Kenya and Sierra Leone

Feb 6, 2024 0
United Bank for Africa (UBA) Plc has announced the appointments of Mary Mulili and Mohamed Alhajie Samoura as the…
Local

NNPC Adresses Concerns on Fuel Scarcity

Feb 6, 2024 0
The Nigerian National Petroleum Company Limited (NNPCL) has addressed concerns regarding long queues at filling…
Local

Airtel Africa Plans $100 million Share Buyback

Feb 6, 2024 0
Airtel Africa Plc has unveiled its intention to repurchase up to $100 million worth of its shares, underscoring…
Local

BAT (Nigeria) Unveils Solar Panel System

Feb 6, 2024 0
Today, British American Tobacco (BAT) (Nigeria) Limited will inaugurate a 1.4MWP grid-tied solar panel system at…
Local

Bank Directors Supports CBN on Foreign Currency Hoarding

Feb 6, 2024 0
The Bank Directors Association of Nigeria (BDAN) has expressed support for the Central Bank of Nigeria's (CBN)…
Local

IFC’s Invests $2 Billion Across Sectors in Nigeria

Feb 6, 2024 0
Sergio Pimenta, the Regional Vice President for Africa at the International Finance Corporation (IFC), revealed…
World

Alan Kyerematen Plans to Revitalize Ghana’s Economy

Feb 6, 2024 0
Alan John Kwadwo Kyerematen, Leader and Founder of the Movement for Change, has introduced his Great…
Local

NAFDAC Bans Alcoholic Beverages in Sachets Under 200ml

Feb 6, 2024 0
The National Agency for Food and Drug Administration and Control (NAFDAC) has officially declared its intention to…
Europe

World Bank’s Managing Director to Embark on Visit to Nigeria

Feb 6, 2024 0
Anna Bjerde, the Managing Director of Operations at the World Bank, is poised to undertake a pivotal two-day…
Local

Dollar Supply Surges, Naira Closes Week at N1435.53/$

Feb 5, 2024 0
In the official foreign exchange market, dollar supply witnessed a significant increase, rising by 180.59 percent…
Local

N146bn Needed for Marina Shoreline Repairs- FG

Feb 5, 2024 0
The Minister of Works, David Umahi, has highlighted the need for N146 billion to repair the deteriorating Marina…
Local

Neveah Ltd Redeems N2.92bn Commercial Papers

Feb 5, 2024 0
Neveah Limited, a commodity trading company specializing in solid minerals and agricultural products, has…
Local

NGX Regulation, IFRS, and FRC Nigeria Commits to Sustainability Reporting

Feb 5, 2024 0
The NGX Regulation Limited, IFRS Foundation, and Financial Reporting Council of Nigeria have reaffirmed their…
Africa

Ghana Cabinet Withdraws 15% VAT on Electricity

Feb 5, 2024 0
The Ghanaian Cabinet has decided to retract the 15% Value Added Tax (VAT) on electricity in response to widespread…
Africa

COCOBOD Dismisses Reports on Cocoa Importation as “Misinformation”

Feb 5, 2024 0
COCOBOD has refuted media reports regarding a leaked official letter purportedly approving the importation of…
Local

Pres. Akufo-Addo Sends Condolence on the Passing of Namibian President

Feb 5, 2024 0
President Nana Addo Dankwa Akufo-Addo has extended his condolences to the Government and people of Namibia…
World

Iraq Bans Eight Local Banks from U.S. Dollar Transactions

Feb 5, 2024 0
Iraq has implemented a ban on eight local commercial banks from conducting U.S. dollar transactions as part of…
Local

Shell PLC Returns $23bn to Shareholders

Feb 2, 2024 0
Shell Plc, in a statement released by its Chief Executive Officer, Wael Sawan, announced that it returned $23…
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NIGERIA

Business

Ghana’s Economic Recovery Shows Promise but Risks Remain, S&P Maintains Stable Outlook

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Business

Nigeria Pension Assets Hit Record Growth of N1.39 Trillion in February

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

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